https://theedgemalaysia.com/node/678351

it is time for this stock to take off
Today price RM0.635
See one mth later what is the price..

Bought @ RM 4.18

Today lausai most probably because British increase interest rate..

The currency exposure profile of borrowings is as follows:
Group Company
2022
RM
2021
RM
2022
RM
2021
RM
United States Dollar 461,690,105 548,455,935 - -
Ringgit Malaysia 301,370,337 301,781,767 300,000,000 300,000,000
British Pound 227,053,801 350,590,916 - -
Euro 170,640,133 91,460,950 - -
1,160,754,376 1,292,289,568 300,000,000 300,000,000

so you bought already?
pls tell me you entry price

Congratulation @tongwong8

Very strong support..wondering who is supporting? Hopefully not ttb cronies🤣🤣🤣

Finally this stock reaches equilibrium at RM0.69-RM0.695

Now the most important thing is the disposal of land need to be successfully complete as scheduled..

After disposal of land, repayment of bank loan + advance from holding co, co becomes net cash co with cash per share = RM 3.35 per share.

as at 31 March 2023:-
liquid investment = 17,837,000
cash = 57,242,000

Plus cash from disposal of land after repayment of bank loan, advance from holding co
and special dividend (RM2.12 per share)= RM 128,778,000

total cash+ liquid investment =17,837,000+57,242,000+128,000,000 = 203,857,000
no of shares = 60,799,000

=203857000/60799000
=RM3.35 per shares

2. Mode of Settlement
The Disposal Consideration of Ringgit Malaysia Four Hundred and Eight Million (RM408,000,000)
only shall be paid by the Purchaser in the following manner: -
a) A sum of Ringgit Malaysia One Hundred Thousand (RM100,000.00) only (“Earnest
Deposit”) paid by the Purchaser to the Vendor prior to the execution of the SPA.
b) Upon execution of the SPA, a sum of RM40,700,000 (“Balance Deposit”) to be paid by
the Purchaser in the following manner: -
(i) A sum of Ringgit Malaysia Twelve Million Two Hundred Forty Thousand
(RM12,240,000.00) only, which is equivalent to three per cent (3%) of the Disposal
Consideration payable to the Purchaser’s solicitors as stakeholders;
(ii) A sum of Ringgit Malaysia Twenty Eight Million Four Hundred Sixty Thousand
(RM28,460,000.00) only shall be paid by the Purchaser to the Vendor’s solicitor as
stakeholders.
The Earnest Deposit and the Balance Deposit shall collectively be referred to as the
“Deposit”

c) A sum of Ringgit Malaysia Three Hundred Sixty Seven Million Two Hundred Thousand
(RM367,200,000.00) only (“Balance Purchase Price”) shall be paid by the Purchaser
within 3 months from the unconditional date of the SPA (i.e. the date on which the last of
the Condition Precedent is met) (“Completion Period”), failing which, the Vendor hereby
expressly agrees that the Completion Period shall be automatically extended for 1
month from the expiry of the Completion Period (“Extended Completion Period”)
provided the Purchaser pays to the Vendor interest on the Balance Purchase Price or
unpaid balance thereof, as the case may be, interest at the rate of 8% per annum
(“LPI”)

This Announcement is dated 20 July 2023

8. APPROVALS REQUIRED
The Proposed Disposal is subject to the following approvals/consents being obtained:
(i) shareholders of AMB at an EGM to be convened;
(ii) written consent from the relevant authority (including but not limited to the Ruler in Council,
Pihak Berkuasa Negeri and Jawatan kuasa Tanah Wilayah Persekutuan, as may be
applicable) to the sale and transfer of the Subject Property from AMB to Paragon (“State
Consent”). The application for the State Consent will be submitted within 2 months from
the date of this Announcement;
(iii) AMB obtaining the written consent of Tenaga Nasional Berhad (“TNB”) for the sale of Lot
22968 (which is part of the Subject Property) subject to the Lease 2;
(iv) AMB obtaining the written consent of TNB to the charging of Lot 22968 subject to Lease 2
in favour of the Paragon’s financier; and
(v) any other relevant authorities and/or parties, where applicable.
The Proposed Special Dividend is not subject to approval from shareholders of AMB or any
authorities

Good job@tongwong8.
Hope to have more long-term investor like @tongwong8 willing to share his view here

ESTIMATED TIMEFRAME FOR COMPLETION
Barring any unforeseen circumstances, the Proposed Disposal is expected to be completed by the 1st quarter of calendar year 2024. The Proposed Special Dividend is expected to be implemented within 6 months from the completion of the Proposed Disposal.

After proposed disposal NTA = RM 14.60
After proposed disposal and special dividend=RM 12.50

The Disposal Consideration is further supported by the valuation certificate dated 20 July 2023.
The Disposal Consideration represents a 12.09% premium to the market value of the Subject
Property of RM364,000,000 as appraised by the independent property valuer, namely CBRE WTW
Valuation & Advisory Sdn Bhd (“CBRE” or “Valuer”) as at the date of valuation on 5 July 2023 vide
its valuation certificate.

this stock outlook is optimistic

If this project sure no need extra fund ( i.e right issue), do you think it is logical to assume that this stock only worth RM 0.70 (which is today price)?

https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E3%80%91%E6%97%B6%E5%85%89%E7%BD%91%E7%BB%9C-%E6%96%B0%E6%95%B0%E6%8D%AE%E4%B8%AD%E5%BF%83%E5%89%8D%E6%99%AF%E7%9C%8B%E4%BF%8F

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E9%9A%86%E6%96%B0%E9%AB%98%E9%93%81%E2%80%9C%E5%A4%8D%E6%B4%BB%E2%80%9D%E5%9C%A8%E6%9C%9B-%E6%9D%A8%E5%BF%A0%E7%A4%BC%E6%9C%BA%E6%9E%84%E6%96%99%E7%AA%81%E5%9B%B4

It seems this counter back to former glory..
Now the question, will the price be sustainable..?

9 CITIGROUP NOMINEES (ASING) SDN BHD 34,225,600 1.15
Exempt An for UBS AG SINGAPORE (FOREIGN)
10 HSBC NOMINEES (ASING) SDN BHD 28,738,400 0.96
Exempt An for CREDIT SUISSE (SG BR-TST-ASING)
======
Foreign banks already hold WCE
EPF name not appeared un 30 largest shareholding, neither Glc group

CONSTRUCTION ACTIVITIES
WCE Maju Sdn Bhd (formerly known as KEB Builders Sdn
Bhd) (“WCE Maju”), a wholly owned subsidiary of the
Company, has entered into a Memoradum of Agreement
(“MOA”) to undertake, on a design, build and manage basis,
the construction works of a proposed access from West
Coast Expressway to a mixed development project in Kota
Seri Langat. This Proposed Access will be known as the
Kota Seri Langat “Left-In and Left-Out Interchange” and
includes the construction works of a bridge, main drainage,
water pipes and associated works for a total consideration
of RM126.8 million (“the Seri Langat Project”).
WCE Maju had also accepted a Letter of Award by IJMCKEB JV on 2 April 2021 to construct and complete Section
7, Part 2 of 2 (“Section 7B”) of the WCE Project which is
approximately 10km in length from the beginning of the
Assam Jawa Interchange towards the Tanjung Karang
Interchange

Extract from Annual Report 2023

"TRAFFIC PERFORMANCE
Currently, our four opened sections
which have been operating since 2019 is
witnessing encouraging traffic volume, with
an average of 50,000 to 60,000 vehicles
passing through daily, an increase of 65%
from the previous financial year. The Group
continues to see traffic volume growth
where it recently reached a new peak of
100,000 daily vehicles during the recent
Hari Raya festive celebration compared
to 60,000 daily vehicles in the previous
year. The Group anticipates that even
higher numbers will be recorded as more
sections of the WCE become accessible to
commuters."
======================
Traffic increase by 20%

that is y sb said if you owns a listed company, you are few lucky people on the earth that can easily earn and enjoy your life..but before that you need to struggle very hard..and of course LUCK is a most important factor.
BUT, if No try, definately no luck.

Another atomic bomb exploded

https://www.thestar.com.my/business/business-news/2023/07/27/lotte-chemical-titan-posts-wider-net-loss-in-2q23

国家能源转型大蓝图 料为我国带来逾兆商机 【内附音频】
https://www.chinapress.com.my/?p=3531187

https://www.thestar.com.my/business/business-news/2023/07/26/alliance-bank-expects-8-to-10-loan-growth-for-fy24

Poor people like me definately need to take the risk.
if not, your next generations, most probably have more difficult life because of lesser chance..
that is y i called myself anonymous warrior

This stock has one advantage over other stocks because of its new factory at Bandar Enstek, Negeri Sembilan. It is a Halal Hub where any Aji Products exported will have defined years of tax exemption.

How to go against humanity?
It is a simple Warren Buffet investing rule:
Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.”

Pls take note the above statement is only apply to good companies.

yes, patience is a good one.
Another characteristic you need to have is go against humanity.
If you can do that then you can get twice the result with half the effort.
try it..it gonna to be interesting..

Stay firm & calm
Don't be washed out.
After this perfect storm, sure promising future is awaiting for you..
latest price RM16.32, leave a track record here..

https://www.health.com/cacao-benefits-7555335

Who stolen by cheese?
Definitely are those who sell smuggling cigarettes..but why there is poor execution by custom?

top up some 0.695

Waiting to top up more when the price is below rm 1.30

Topped up some today @2.16

Are we ready?
With this ipo of its plantation co couple with this high cpo price, we are going to ride this perfect rocket to the moon. Stay tuned!

券商 ：丰隆投银研究
投资建议 ：买进
目标价 ：4.15令吉
闭市价 ：3.39令吉 （截至7月20日）
每股收益 ：45.8仙 （2024财年预估）
本益比 ：7.4倍 （2024财年预估）
股息收益率：6.8% （2024财年预估）
ESG评分 ：3颗星 （总分为4颗星）

安联银行（ABMB，2488，主要板金服）股息回酬率介于6%至7%，具有吸引力，而且近期股价走弱，使估值变得更诱人，丰隆投银研究认为，目前不失为趁低进场的好机会。

根据安联银行管理层对2024财年的业务指引，净利息赚幅（NIM）按年下跌9至14个百分比，而净信贷成本（NCC）则介于30至35个百分比。资产素质方面，该银行的总减值贷款（GIL）比例仍处于3%以下，而且列入观察名单的贷款并没有大幅增加。

该行认为，安联银行的净利息赚幅还没触底，预计将从2024财年次季开始逐步复苏。尽管如此，该银行的贷款增长料取得正面增长，介于8%至10%，预计财务表现也将大幅改善。

https://www.klsescreener.com/v2/news/view/1178827

feeling pleasure to see JamesBond bought in.
cheer

this type of counter you need to take some risks because of uncertainties but it also may become one of your 10x profit counter..

with this low volume transacted, today can close flat is very gooood already..

If you sold off, definitely you need to hit yourselves badly and regrettably

Ajinomoto Malaysia sells land to TS Law for RM408 mil cash, plans special dividend of RM2.12 sen per share
By Priyatharisiny Vasu / theedgemalaysia.com
20 Jul 2023, 06:09 pm
Updated - 07:34 pm

https://theedgemalaysia.com/node/675458

Thanks @Johnzhang for the valuation calculation
RM 4.42 is about 4.42/0.7= 6 times ROI

Its price trend follow ytl